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Checkered Flag Buys Former Bloom Bros. Furniture Bldg.

VA Beach Property Brings in $7.5 Million
By Justin Sumner
CoStar News
February 13, 2008 | 1:19 P.M.

Checkered Flag Motor Car Co. Inc. purchased the former Bloom Brothers furniture building at 5070 Virginia Beach Blvd. for $7.49 million as an investment. Bloom Brothers closed its doors in mid-October. M.T.C. Holdings, LLC sold the vacant property for approximately $148.50 per square foot.

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